Worst House on the Street Logo
Forgan Place, St. Andrews KY16 - Image 1
Forgan Place, St. Andrews KY16 - Image 2
Forgan Place, St. Andrews KY16 - Image 3

Forgan Place, St. Andrews KY16

Scotland

£250,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
873 sqft

Description

This charming family residence is nestled in a peaceful cul-de-sac, offering a perfect balance of tranquility and accessibility to the town center. The property comes with a STB Letting Licence for up to five occupants, making it an excellent investment opportunity for those looking to enter the rental market. Currently available for immediate occupancy, the home is presented in a neat, neutral decor and includes all furniture and appliances at the buyer's request. Local amenities, including schools and shopping options, are conveniently close by, with reliable bus services enhancing connectivity. The property features a spacious lounge bathed in natural light from a large rear-facing window and offers efficient storage solutions with an under-stairs cupboard. The dining kitchen is ample and boasts modern fixtures along with essential appliances. The enclosed rear garden is primarily gravelled, minimizing maintenance efforts while still providing space for decorative vegetation. There is potential for extending the living area into this garden space, pending necessary planning approvals. On the upper floor, the property comprises two generously sized double bedrooms filled with daylight, alongside a compact third bedroom that can accommodate a double bed. The bathroom is fully tiled and contains an over-bath shower which could be easily modified into a walk-in shower should you choose to modernize it further. Additional storage options include a large airing cupboard on the landing and a partially floored loft with electric lighting. Overall, while this home is in good condition and ready to live in, there remain various opportunities for enhancement or expansion that would further increase its value.

Investment Analysis

(KY16 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£286/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£307,632
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (KY16)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +3.5%
5 year growth: +30.1%
Investment Disclaimer: Analysis based on KY16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Forgan Place, St. Andrews KY16
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development